publication . Article . 2007

On the governmental use of multi-criteria analysis

Catherine C.D. Gamper; Catrinel Turcanu;
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  • Published: 08 Mar 2007 Journal: Ecological Economics, volume 62, pages 298-307 (issn: 0921-8009, Copyright policy)
  • Publisher: Elsevier BV
Abstract
Abstract Public decision making, especially about our natural environment, is inherently exposed to a high conflict potential. The necessity to capture the complex context has led to an increasing request for decision analytic techniques as support for the decision process. Multi-criteria analysis (MCA) is deemed to overcome the shortcomings of traditional decision-support tools used in economics, such as cost-benefit (CBA) or cost-effectiveness analysis (CEA). This is due, among other, to its ability of dealing with qualitative criteria (e.g. sensitive ecological factors), as well as with uncertainties about current or future impacts. Unlike CBA or CEA, MCA is ...
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free text keywords: Economics and Econometrics, General Environmental Science, Risk analysis (engineering), Evidential reasoning approach, Decision engineering, Decision problem, Environmental resource management, business.industry, business, Cost–benefit analysis, Business decision mapping, R-CAST, Decision analysis, Decision support system
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